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United States futures jump as chipmakers revive tech rally

U.S. stock futures climbed sharply on Thursday, driven by strong earnings and forecasts from major semiconductor companies that eased concerns about a losing streak in artificial intelligence-linked shares. Nasdaq 100 fu…

Boise chipmaker Micron posts record $41.4 billion revenue

BOISE, Idaho — Micron Technology Inc. reported fiscal third-quarter 2026 revenue of $41.46 billion, far exceeding Wall Street forecasts and marking a 346% increase from the $9.30 billion recorded in the same period a yea…

New York shares of Wendy's soar in meme rally

NEW YORK — Shares of The Wendy’s Company (NASDAQ: WEN) jumped more than 40 percent on Wednesday, June 24, 2026, after a meme-fueled buying spree by retail traders on Reddit’s WallStreetBets forum and on X triggered a sha…

Washington DOJ seeks dismissal of xAI pollution lawsuit

The U.S. Department of Justice on June 16, 2026, moved to intervene in and dismiss a Clean Air Act citizen lawsuit targeting Elon Musk’s artificial intelligence firm xAI and its subsidiary MZX Tech. Filed in the Northern…

Cities Adjust Parking Policies Amid Rising Local Demands

United States municipal officials adjusted parking policies this week after local developments and policy reviews prompted congestion, revenue and access concerns. In Casper on Tuesday, city staff proposed permanent chan…

Texas camp operator files Chapter 11 after flood

HOUSTON, Texas – The corporate entities behind Camp Mystic, a century‑old all‑girls Christian summer camp in the Texas Hill Country, filed for Chapter 11 bankruptcy protection on Wednesday, June 24, 2026, in the U.S. Ban…

Seoul stocks crash 10 percent as leveraged chip ETFs unwind

South Korea’s KOSPI index suffered its largest recorded one-day fall on Tuesday, June 23, 2026, dropping 9.99% to close at 8,203.84 and triggering two circuit breakers in a single session. The selloff was led by technolo…

United States SpaceX shares steady after record IPO slide

SpaceX shares stabilized on Tuesday, June 23, 2026, after a sharp three-day decline that wiped out about $600 billion in market value. Trading under the ticker SPCX, the stock closed at $156.11, up nearly 1%, following a…

New York tech stocks slide as global sell-off deepens

New York’s Nasdaq Composite fell more than 2% at the opening bell on Tuesday, June 23, 2026, as a global sell-off in major technology stocks accelerated. By midday, the index was down 409 points, or 1.6%, at 25,758, whil…

San Francisco judge allows AI bias lawsuit against Workday

A federal judge in San Francisco has ruled that Workday Inc. must face a proposed class-action lawsuit alleging its artificial intelligence-driven recruiting and human resources software discriminates against certain job…

United States: SpaceX launches $20 billion bond sale

SpaceX has entered the public bond market for the first time with an inaugural offering of senior unsecured notes targeting at least $20 billion, according to regulatory filings released this week in the United States. T…

United States tech stocks slide after Accenture warning

United States technology shares are under renewed pressure after Accenture’s latest earnings update triggered a 17.97% single-day drop in its stock, following a guidance cut that pointed to slowing demand and shifting pa…

New York: SpaceX IPO briefly ranks fourth-largest U.S. company

New York — SpaceX completed a highly anticipated initial public offering on Monday, pricing its shares at US$135 and seeing them surge 67 percent at the open amid heavy investor demand and massive trading volumes across …

Washington FCC drone import ban alarms industry leaders

The U.S. Federal Communications Commission has issued a new order sharply restricting the import, sale, and use of drones containing foreign-manufactured components, expanding earlier measures that had primarily targeted…

South Korea’s SK Hynix tops Samsung in memory valuation

South Korea — SK Hynix has overtaken Samsung Electronics to become the world’s most valuable memory chipmaker, according to market data released on June 22, 2026. The change marks the first time since 2000 that Samsung h…

Global markets hit as Bitcoin ETFs log record outflows

New York, United States – The cryptocurrency market came under intense pressure on June 21, 2026, as Bitcoin and other major digital assets fell about 17% amid a severe liquidity squeeze. Bitcoin exchange-traded funds re…

Qatar fire hits Ras Laffan LNG hub

Doha, Qatar – A fire erupted this week at Ras Laffan Industrial City, which Qatar describes as the world’s largest liquefied natural gas (LNG) production hub, the Ministry of Interior said. Authorities confirmed the inci…

United States tech workers without AI skills vulnerable

United States – New Gallup research shows that tech workers who rarely use artificial intelligence face a substantially higher risk of being laid off than colleagues who use the technology regularly. In a February survey…

United States chip crunch boosts Micron shares

United States – Apple CEO Tim Cook has confirmed that the global technology supply chain is experiencing severe shortages of critical memory and storage chips as demand for components used in artificial intelligence appl…

United States accounting quirk boosts S&P 500 earnings

United States – Recent research from the University of Florida finds that a significant portion of the S&P 500’s reported 30% profit growth in the latest quarter comes from accounting treatment of “other income” rather t…

United States: SpaceX to buy Cursor for $60 billion

United States-based Space Exploration Technologies (SpaceX) has entered a definitive agreement to acquire Anysphere, the software company behind the AI coding agent Cursor, in an all-stock deal valued at US$60 billion. A…

United States: Accenture shares plunge after revenue warning

United States-based Accenture saw its shares plunge 18% after the global IT consulting firm cut the top end of its revenue outlook for the upcoming fiscal period, prompting a sharp, immediate sell-off. The company’s revi…

Copenhagen drugmaker hit by massive cyber extortion

Novo Nordisk A/S, the Copenhagen-based pharmaceutical company, is responding to a significant cybersecurity incident after a criminal group claimed to have stolen 1.3 terabytes of internal data and demanded a $25 million…

AEG and WSG Complete Acquisition of Allbirds IP

New York. American Exchange Group and WSG Brands completed acquisition of Allbirds' intellectual property assets in mid‑June 2026, finalizing a deal AEG first announced in March. AEG will manage design and manufacturing …

San Jose investors sue Adobe over AI copyright disclosures

SAN JOSE, California – Investors in Adobe Inc. have filed a shareholder derivative lawsuit in the U.S. District Court for the Northern District of California, accusing the company’s top officers and directors of misleadi…

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